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NEC Corp (6701.T)

6701.T on Tokyo Stock Exchange

3,035JPY
23 May 2018
Change (% chg)

¥-15 (-0.49%)
Prev Close
¥3,050
Open
¥3,035
Day's High
¥3,060
Day's Low
¥3,015
Volume
544,400
Avg. Vol
970,751
52-wk High
¥3,380
52-wk Low
¥2,750

Latest Key Developments (Source: Significant Developments)

NEC Networks & System Integration to set up CVC fund
Friday, 12 Jan 2018 

Jan 12 (Reuters) - NEC Networks & System Integration Corp <1973.T>:Says it will set up a corporate venture capital(CVC) fund, with working capital of 500 million yen, to invest IoT and AI related venture business.Says the fund will start operation from February .  Full Article

NEC Acquires UK-Based IT Services Company Northgate Public Services
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - NEC Corp <6701.T>::NEC ACQUIRES UK-BASED IT SERVICES COMPANY NORTHGATE PUBLIC SERVICES.NEC CORP - ANNOUNCED ACQUISITION OF UK-BASED IT SERVICES COMPANY NORTHGATE PUBLIC SERVICES LTD; NEC IS BUYING NPS FOR GBP 475 MILLION FROM CINVEN​.  Full Article

NEC plans to sell unit NEC Energy Devices
Monday, 4 Dec 2017 

Dec 4 (Reuters) - NEC Corp <6701.T>:Says it plans to sell all shares of unit NEC Energy Devices, Ltd.,to GSR Capital, a private investment fund, with undisclosed price, effective March 30, 2018 .  Full Article

NEC receives cease-and-desist order and surcharge order
Wednesday, 15 Feb 2017 

NEC Corp <6701.T>: Says it received cease-and-desist order and surcharge order from Japan Fair Trade Commission on Feb. 15, due to violation of antimonopoly law . Says it was required to stop the misconducts .Says it was also required to pay surcharge of 240.65 million yen.  Full Article

Etherstack signs NEC Corp (Japan) licensing deal
Monday, 3 Oct 2016 

Etherstack Plc : Technology licensing contract with NEC Corporation . Etherstack signs NEC Corporation (Japan) licensing deal .Contract is expected to contribute approximately 60 million Japanese yen to Etherstack's 2016 revenues.  Full Article

Toyota Motor and NEC to join public-private initiative to develop core AI technology- Nikkei<6701.T><7203.T>
Thursday, 18 Aug 2016 

Nikkei: Toyota Motor and NEC to join public-private initiative to develop a core artificial intelligence technology- Nikkei . Government-backed Riken research institute's Center for Advanced Integrated Intelligence Research to open a research base September 1 in Tokyo - Nikkei . Science Ministry,oversees Riken,to seek about 10 billion yen for project in fiscal 2017 budget;participants expected to contribute hundreds of millions-Nikkei .  Full Article

NCS&A says two shareholders decreases voting rights in it
Monday, 1 Aug 2016 

NCS&A CO LTD <9709.T>: Says a Japan-based co ZEN decreased voting rights in it to 9.67 percent from 13.48 percent . Says NEC Corp <6701.T> decreased voting rights in it to 8.38 percent from 12.32 percent .Says effective date on Aug. 1.  Full Article

NEC receives cease-and-desist order and surcharge order
Tuesday, 12 Jul 2016 

NEC Corp <6701.T>: Says it received cease-and-desist order and surcharge order from Japan Fair Trade Commission due to violation of antimonopoly law in the transaction with Tokyo Electric Power Company Holdings, Inc. . Says it was required to stop the misconducts .Says surcharge was forgiven.  Full Article

NEC to reduce some executive salaries for 1 month after FTC order
Tuesday, 12 Jul 2016 

: NEC says to reduce some executive salaries for one month after FTC order . NEC says ordered by Japan Fair Trade Commission to pay penalties related to antitrust activities in dealing with Tepco.  Full Article

R&I affirms NEC‘s rating at "A-" and stable outlook
Wednesday, 6 Jul 2016 

NEC Corp <6701.T>: Says rating and Investment Information, Inc. (R&I) affirmed the rating on NEC at "A-" .Rating outlook stable.  Full Article

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Exclusive - Chinese exporters concerned about U.S.-China trade spat - survey

GUANGZHOU, China As Washington and Beijing face off in a simmering trade dispute, Chinese exporters are expressing concerns about an escalation, although many say they expect the worst to be averted as negotiations continue.